From Barchart: 2024-04-13 03:50:00

Many top technology stocks have recently completed stock splits, making shares more accessible to a broader range of investors. Stock splits often signal that a company is performing well and management expects momentum to continue, potentially driving up shares over time. Two AI stocks, Nvidia and Super Micro Computer, are prime candidates for a split due to their incredible growth and high share prices, nearing the $1,000 mark.
Nvidia has soared 500% in the past three years, establishing itself as a leader in AI chip technology. The company’s GPUs are crucial for AI projects, leading to significant revenue and profit growth. With stock prices approaching $1,000, a potential stock split could make it more attractive to investors.
Super Micro Computer has seen even greater gains, surpassing Nvidia in recent share performance. The company’s revenue has soared due to demand for AI-related products, with earnings on the rise. A stock split could be advantageous at this stage, given the company’s current stock price and potential for future growth.
Investors considering Nvidia should be aware that the Motley Fool Stock Advisor team has identified 10 stocks for potential high returns, with Nvidia not included in the list. Stock Advisor offers guidance on portfolio building and new stock picks each month, outperforming the S&P 500 since 2002. This analysis highlights opportunities for investing in high-growth stocks beyond Nvidia.



Read more at Barchart: Stock-Split Watch: 2 Artificial Intelligence (AI) Stocks That Look Ready for a Split